Research

Tough Times, Low Tonnes: Australian 2019/20 Winter Crop Production Outlook

22 October 2019 11:19 RaboResearch

The tough times continue for the Australian grains industry, which is suffering the ongoing severe impacts of drought. According to Rabobank’s report ‘Tough Times,...

Rabobank

“These impacts do not apply just to cash flow, but also relate to stymied expansion plans and soil- and resource management-challenges,” according to Cheryl Kalisch Gordon, senior grain & oilseed analyst. “Moreover, Australia’s reduced capacity to service international markets over multiple years will severely challenge Australia’s competitiveness in export markets when our exportable surplus grows again.” This tough time for the Australian grain & oilseed sector has reached the point where a break in the drought will just be the start of a long road to recovery.

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